QuickBooks Accounting Course

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QuickBooks Accounting Course

QuickBooks is a financial accounting software program created by Intuit for small businesses and self-employed professionals. The software boasts an assortment of features aimed at helping users manage each of their accounting functions, including accounts payable, accounts receivable, credit card management and financial reporting. QuickBooks comes with features designed to assist small businesses and self-employed professionals in managing their money.

QuickBooks can be used for almost all financial business processes.   You can use it for entering receipts, tracking expenses, invoicing, payment tracking, tax tracking, purchase orders, and even to prepare reports and statements regarding your finances.  QuickBooks is your business’ solution when it comes to bookkeeping and accounting.

Benefits of the QuickBooks Training Course

• In-depth study and knowledge of different tools and features of the QuickBooks accounting software can help candidates add value to their team.
• Similarly, QuickBooks software is also ideal for those who own their own businesses and wish to become self-sufficient in managing their own accounting and invoicing and so on. Expertise in QuickBooks accounting software helps reduce reliance on external accountants.
• In addition, QuickBooks accounting software is recommended for those who wish to make a seamless transition from manual payroll processing to a computerised system. By opting to educate and update one’s skills in QuickBooks, candidates can prove their ability to potential employers. The QuickBooks online course is suitable for individuals, business entrepreneurs and aspiring students who wish to learn the basics of computerised accounting and invoicing.
• A detailed working knowledge of QuickBooks can help aspirants gain confidence and help them provide a high standard of accounting services to companies.
• Candidates from all backgrounds and fields are free to learn the QuickBooks accounting course; it does not require any prerequisite academic qualifications. The only prerequisite condition is a basic working knowledge of numeracy, literacy and IT skills.

Intuit QuickBooks Enterprise Solutions 2021 & Online Cloud

For the non-accountant, there is no accounting software more powerful and easier to use than QuickBooks. If getting your business finances in order is a top priority, QuickBooks is the right program for you. QuickBooks enables you to manage everything from invoicing your customers, to paying your bills, to generating sophisticated financial reports and graphs. When used properly, it can even cut down significantly on your accountant’s fees. However, harnessing all the power that QuickBooks has to offer does have its price—a certain amount of preparation, patience, and effort on your part. Nevertheless, the time and energy you invest in QuickBooks will be amply rewarded with a clearer picture of your business finances as well as a more efficient, and hopefully a more profitable, business.

Learning Outcomes:

• Settings Up your Company Files
• Charts of Accounts
• Invoicing your customers
• Receiving Payments
• Tracking Account Receivable
• Tracking Account Payable
• Inventory
• Paying Bills
• Reconciling Bank Account
• Customizing Quick Books
• Reporting
• Company Snap Shot
• Insights
• Income Tracker
• Bill Tracker
• Calendar
• Managing Quick Books Files

Course Contents

Module1: Introducing ERP & QuickBooks Enterprise

• Introduction to Accounting
• Introduction to Computerized Accounting
• Introduction to ERP
• Industry-Specific Editions
• Additional Enterprise Solutions Features and Functionality
• Company Snapshot
• Insight
• Income Tracker
• Bill Tracker
• Calendar
• Posting Method

Module 2: Setting Up Your Company File

• Creating Company files
• Working Two Open QuickBooks files at once
• Charts of Accounts
• Using Subaccounts

Module 3: Invoicing your Customer

• Pre-sales Process
• Lead Centre
• Lead Convert to Sales
• Creating Standard Invoices
• Batch Invoices
• Creating Estimates
• Sales orders
• Credits & Refunds
• Customizing Templates

Module 4: Receiving Payments

• Receiving Invoice Payments
• Posting Discounts
• Cash sales
• Depositing Payments
• Deposit Slips

Module 5: Tracking Accounts Receivabls

• Customer Centre
• Collection Centre
• A/R Aging Summary Report
• A/R Aging Detail Report
• Customer & Jobs Reports

Modules 6: Tracking Accounts Payable

• Vendor Centre
• Managing Inventory Items for Purchases
• Purchase Order
• Bills received Items
• Receiving Items & Bills Simultaneously
• Understanding Posting

Modules 7: Paying Bills

• Selecting Bills to Pay
• Printing Checks
• Sales tax Items
• Sales tax Groups
• Sales Tax Reports

Modules 8: Inventory

• Enabling Inventory Tracking
• Configuring Units Measures
• Creating Inventory Items
• Creating Non-Inventory Items
• Inventory Valuation Reports
• Inventory Stock Status
• Inventory Adjustments
• Advanced Inventory Enabled

Modules 9: Reconciling Bank Accounts

• Checking Register
• Enter Income Interest and Services charges
• Printing Reconciling Reports

Modules 10: Journal Entries

• Journal Entry Window
• Reversing Entries
• GL Reports

Modules 11: Reporting & Financial Planning 

• Using Report Centre
• Drill Down For Details
• Standards Financial Reports
• Profit & Loss Statements
• Balances Sheet Reports
• Balances Sheet Detail Report
• Balances Sheet Summary Report
• Balances Sheet By Class Report
• Creating Accountant Copy
• External Accountant
• Client Data Review
• Company Snap Shot (Dashboard Report)
• Consolidated Reports

Modules 12: Planning and Budgeting

• P&L Budgets
• Entering Budgeting Data
• Budgets Reports
• Budgets VS Actual
• Budgets VS Actual Graph
• Importing Budgets
• Cash Flows

Modules 13: Year End Procedure

• Running Year-End Financial Reports
• Year-End Backup

Modules 14: Customizing QuickBooks

• Configuring Preferences
• Accounting Preferences
• Company Preferences
• Items & Inventory Preferences
• Multiple Currencies Preferences
• Payments Preferences
• Reminders Preferences
• Reports & Graphs Preferences
• Sales & Customers Preferences
• Sales Tax Preferences
• Send Forms Preferences
• Managing Users
• Settings Permission
• Configuring Special Area Of QB
• Configuring Rights for Existing Transaction
• Creating Users Roles

Modules 15: Managing Your QuickBooks Files

• Backups & Restore
• Scheduling Backups
• Restoring Backups
• Portable Company Files
• Verifying & Rebuilding Company Files
• Cleaning Up Data
• Audit Trail

Modules 16: QuickBooks Online Cloud

• Introduction and Setup to QuickBooks Online
• Understanding the Cloud
• Setting Up a New Company
• Understanding the Dashboard Page
• Establishing Company Settings
• settings and usage limits
• Setting sales preferences
• Reviewing advanced preferences
• Working with Multiple Currencies
• Managing List Information
• Exporting list to Excel
• Changing Settings for People Lists
• Adding service and non-inventory items
• Creating an inventory item
• Changing Items Types
• Managing Projects
• Converting sub-customers to projects
• Setting up a project
• Projects and reporting
• Working in a Client’s Company
• Using Accountant Tools

Who Is This Course For?

This online bookkeeping course is aimed at individuals, small business owners and management teams who want to learn how to run a QuickBooks accounting software.

By choosing online learning instead of a classroom based course, it eliminates the need for time away from work, saving you valuable time and money. It is ideal for those with tight schedules as our online courses give you 12 months unlimited access to all the course materials, so you can study at a pace that suits you. Allowing you to easily resume your studies whenever you have the time. All you need is internet connection to study, so you can study from home or any environment that suits you.

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